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CRR Company Profile

Carbo Ceramics- (CRR)-engages in the manufacture and supply of ceramic proppants used in hydraulic fracturing of natural gas and oil wells. The company operates through two segments, Proppant, and Fracture and Reservoir Diagnostics. CARBO Ceramics was founded in 1987 and is headquartered in Irving, Texas.

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Carbo Ceramics News

Sterne Agee Lowers Price Target, Estimates on Carbo Ceramics (CRR)

Jun 27, 2013

Due to the near-term uncertainty in its Mexico operations, analysts at Strene Agee lowered the price target and earnings estimates on oil and natural gas drilling equipment maker Carbo Ceramics Inc. (CRR) on Thursday.
The analysts rate CRR as "Neutral" and see shares reaching $73. This new price target suggests an 11% upside to the stock's Wednesday closing price of $65.64.
Carbo Ceramics shares were up 47 cents, or 0.72%, during morning trading on Thursday. The stock is down 15.99% year-to-date.
The Bottom Line
Shares of Carbo (CRR) have a dividend yield of 1.65% based on last night's closing price of $65.64 and the company's annualized dividend payout of $1.08 per share.
Carbo Ceramics Inc. (CRR) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.2 out of 5 stars.Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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